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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
brindle tank
  05/19/22
They didn't win. They will be paying double the interest on...
khaki knife
  05/19/22
We are paying in cash up front
Drunken striped hyena legend
  05/19/22
Are u going to be a slumlord?
odious grizzly step-uncle's house
  05/19/22
If we buy a house we will turn my condo into an airbnb
Drunken striped hyena legend
  05/19/22
dont get too excited, those reductions are on a 40% over val...
talented very tactful indirect expression lay
  05/20/22
...
obsidian vigorous mental disorder
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
salmon den
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
brindle tank
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
salmon den
  05/19/22
Of course, it's a volume business, people are going to cling...
Glassy greedy voyeur
  05/20/22
what do you do after that? if you're leaving the area for...
Fighting excitant dog poop heaven
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
passionate crusty ladyboy
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
brindle tank
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
Coiffed Cobalt Kitty Cat
  05/19/22
That seems to be the last viable tactic. List way under and ...
brindle tank
  05/19/22
But there were 30 bids. OP is overblown.
Coiffed Cobalt Kitty Cat
  05/19/22
houses in that range are still selling very quickly. Even ho...
Razzle Disturbing Orchestra Pit
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
Coiffed Cobalt Kitty Cat
  05/19/22
lol. homes over $1m still going strong. people are still usi...
Cheese-eating insecure native
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
salmon den
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
appetizing buff office friendly grandma
  05/19/22
So they're appreciating at the inflation rate. They're ther...
charismatic sapphire patrolman
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
khaki knife
  05/19/22
Eh, tell me why I care about appreciation being “only&...
Impressive stag film
  05/22/22
You’re delusional. Asset prices are down 20% across th...
cyan national
  05/19/22
Not seeing it.
Carmine hall
  05/19/22
The median price of an existing home sold in April was $391,...
multi-colored market mood
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
Fragrant yapping brethren
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
multi-colored market mood
  05/19/22
lol @ smart and millennials in the same sentence
Fragrant yapping brethren
  05/19/22
2.5% rates were gone by February.
khaki knife
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
Fragrant yapping brethren
  05/19/22
...
Puce brunch
  05/19/22
Good. Can’t wait for dem lower property taxes.
Vivacious deep library dragon
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
iridescent mildly autistic dilemma organic girlfriend
  05/19/22
...
angry school cafeteria
  05/19/22
...
talented very tactful indirect expression lay
  05/20/22
I was wondering how people could afford homes when interest ...
Razzle-dazzle Parlor
  05/19/22
I've noticed practically zero weakness in the real estate ma...
internet-worthy high-end factory reset button sanctuary
  05/19/22
where?
twisted trip university sound barrier
  05/19/22
Still selling for over asking in our area but it's taking a ...
Maroon Insanely Creepy Mad-dog Skullcap
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
brass wild bawdyhouse sex offender
  05/19/22
...
obsidian vigorous mental disorder
  05/19/22
Who's still handing out subprime mortgages? Lmao
balding adulterous locale
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
Saffron Aromatic Hunting Ground Elastic Band
  05/22/22
This is not about housing. "Consumers with low credi...
passionate crusty ladyboy
  05/19/22
exactly. this caused a crash last time because too many subp...
Aphrodisiac Temple Tattoo
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
Pearly piazza
  05/19/22
why are redditors so poor?
Hilarious Rebellious Dysfunction Antidepressant Drug
  05/19/22
they are SO poor
Ungodly misunderstood police squad
  05/19/22
...
Soul-stirring fluffy lodge
  05/19/22
...
Aphrodisiac Temple Tattoo
  05/19/22
Housing will be fine. You misspelled stock market.
Contagious godawful ape
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
Supple Metal Ticket Booth Main People
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
Puce brunch
  05/19/22
To the extent there are still brisk sales, that is for the l...
brindle tank
  05/19/22
He says hopefully. The fact that a huge portion of people p...
passionate crusty ladyboy
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
Provocative milk
  05/19/22
Very kind of them.
passionate crusty ladyboy
  05/19/22
...
Coiffed Cobalt Kitty Cat
  05/19/22
outside of America, home ownership is the exception rather t...
multi-colored market mood
  05/19/22
Kids live at their parents’ house in the US as well. ...
Provocative milk
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
Frum Goyim Chad
  05/20/22
...
twisted trip university sound barrier
  05/22/22
It's over
bossy mauve macaca
  05/19/22
which market are you talking about? re is hyper local
Dashing french chef
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
Bat shit crazy shaky marketing idea pocket flask
  05/19/22
Dow reference was solid prole tell.
Provocative milk
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
Bat shit crazy shaky marketing idea pocket flask
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
Provocative milk
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
Supple Metal Ticket Booth Main People
  05/20/22
larger economic fundamentals are always a relevant input, bu...
Dashing french chef
  05/19/22
It’s over!!!!
brindle tank
  05/19/22
(MAF nohousemo wishful thinking)
Black weed whacker field
  05/20/22
Harsh but fair
brindle tank
  05/20/22
there’s a lot more working against a crash than for it...
haunting sneaky criminal turdskin
  05/20/22
If you own a home today and are moving and make a topping bi...
bearded juggernaut
  05/20/22
I live in an area on the west coast where, just 4 months ago...
Puce brunch
  05/21/22
OP just wanted to let you know that my House went up in valu...
Carmine hall
  05/22/22
The websites are doing that for web traffic. It’s all ...
brindle tank
  05/22/22
👌
Carmine hall
  05/22/22
I sure hope so. I want it to burn down hard af.
abusive cerebral business firm
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
Puce brunch
  05/22/22
good post -- seems like it's softening
Dashing french chef
  05/22/22
...
brindle tank
  07/21/22
new thoughts?
obsidian vigorous mental disorder
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
Fragrant yapping brethren
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
brindle tank
  07/21/22
I kind of agree with this for my market. Inventory is defini...
bearded old irish cottage famous landscape painting
  07/21/22
the u.s. housing market will never go down, let alone crash....
Bright mind-boggling reading party half-breed
  07/21/22
Whoa cr. Explain tho
Carmine hall
  07/21/22
...
brindle tank
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
Unhinged filthy parlour headpube
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
Flatulent international law enforcement agency quadroon
  10/25/22
...
brindle tank
  05/04/23
Replace "Housing" with "Crypto" and OP w...
at-the-ready jewess house
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
Apoplectic deranged senate dingle berry
  06/27/23
MODS! That's ImanageCat's house.
Saffron Aromatic Hunting Ground Elastic Band
  08/03/23
nohousemos are FUCKED
twinkling site
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
Apoplectic deranged senate dingle berry
  08/03/23
Is that supposed to mean something?
Purple marvelous institution trust fund
  08/03/23
She posts weird shit like that
obsidian vigorous mental disorder
  08/03/23
...
Alabama Bangs
  12/10/25
OP was obviously overly dramatic but is increasingly looking...
spaceport2525
  12/10/25
there are no young people who want to drive 45 minutes to an...
Ozzie Canseco
  12/10/25
My asshole neighbor bought their house for 400k in 2008. ...
...,....,,........
  12/10/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: brindle tank

Started noticing houses having multiple reductions in listing prices. Staying on market for weeks. Sellers are fucked. They missed the boat. To the XO pumos who were waiting the market out. Congrats you won.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44537991)



Reply Favorite

Date: May 19th, 2022 11:31 AM
Author: khaki knife

They didn't win. They will be paying double the interest on mortgage payments, which overrides savings on the purchase price.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538130)



Reply Favorite

Date: May 19th, 2022 11:43 AM
Author: Drunken striped hyena legend

We are paying in cash up front

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538195)



Reply Favorite

Date: May 19th, 2022 2:48 PM
Author: odious grizzly step-uncle's house

Are u going to be a slumlord?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539366)



Reply Favorite

Date: May 19th, 2022 6:00 PM
Author: Drunken striped hyena legend

If we buy a house we will turn my condo into an airbnb

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540453)



Reply Favorite

Date: May 20th, 2022 10:46 AM
Author: talented very tactful indirect expression lay

dont get too excited, those reductions are on a 40% over valued amount

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543638)



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: obsidian vigorous mental disorder



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44537992)



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: salmon den

??? My asshole neighbor bought house for $600k in 2015 and just sold it for $1.4 million

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44537996)



Reply Favorite

Date: May 19th, 2022 11:05 AM
Author: brindle tank

He barely got it done. There is a delay; buyer prob locked in mortgage rate in March when market was still hot. It’s over now

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538007)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: salmon den

Is mortgage lender / refi shop a bad business to be in right now?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538029)



Reply Favorite

Date: May 20th, 2022 9:19 AM
Author: Glassy greedy voyeur

Of course, it's a volume business, people are going to cling to their 2.5-3.5% mortgages forever now.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543316)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Fighting excitant dog poop heaven

what do you do after that?

if you're leaving the area for a cheaper one, the answer is straightforward. but if you want a similar or nicer home in the same area, it's pretty hard to upgrade. your monthly payments could balloon significantly

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538117)



Reply Favorite

Date: May 19th, 2022 11:48 AM
Author: passionate crusty ladyboy

And the $1.4m might "crash" to $1.2m but at the end of the day, it'll be expensive as shit.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538232)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: brindle tank

Interest rates are way too high. Saw a few sellers trying to market shitty ranch houses for way too much. Getting no bites now. Would have sold in a day 3 months ago. They waited too long!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538000)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: Coiffed Cobalt Kitty Cat

Next door neighbor listed at $525 and sold at $610 with 30 offers in two days last weekend.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538001)



Reply Favorite

Date: May 19th, 2022 11:06 AM
Author: brindle tank

That seems to be the last viable tactic. List way under and see if you can confuse the buyer into making too large of a bid

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538011)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Coiffed Cobalt Kitty Cat

But there were 30 bids. OP is overblown.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538032)



Reply Favorite

Date: May 19th, 2022 1:47 PM
Author: Razzle Disturbing Orchestra Pit

houses in that range are still selling very quickly. Even houses in the nicer part of my neighborhood listed up to around $1.3M only stay on the market for around 2 weeks.

The houses that start approaching $2M or above and have like 6 beds seem to be languishing on the market.

I don't see the demand changing much for modest 3-4 bed houses.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539034)



Reply Favorite

Date: May 19th, 2022 2:53 PM
Author: Coiffed Cobalt Kitty Cat

It’s a nice but middle of the road suburb in flyover. Hoping you’re right about sales in this price range bc we’re going to be selling later this year but aren’t ready to yet.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539387)



Reply Favorite

Date: May 19th, 2022 11:08 AM
Author: Cheese-eating insecure native

lol. homes over $1m still going strong. people are still using stock money to pay for homes as cash.

now if the stock dips another 20%+, then people will start to feel they are selling stocks on the cheap. right now plenty of people are willing to trade stocks at these high prices for something like real estate

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538019)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: salmon den

Op seems to be ignoring that rich chinese mofos will always need a place to park their ill-gotten cash. PE firms too.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538035)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: appetizing buff office friendly grandma

please. Okay, homes aren't appreciating at 25% YOY but still like 10-12%.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538026)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: charismatic sapphire patrolman

So they're appreciating at the inflation rate. They're therefore not appreciating at all, the dollars the value is denominated in are just worth less.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538031)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: khaki knife

Much better to invest money in stocks and lose 30% cash value this year!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538135)



Reply Favorite

Date: May 22nd, 2022 9:36 AM
Author: Impressive stag film

Eh, tell me why I care about appreciation being “only” 10% when my LTV is 80%?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553150)



Reply Favorite

Date: May 19th, 2022 6:43 PM
Author: cyan national

You’re delusional. Asset prices are down 20% across the board (except RE, yet). How do you think people finance purchases? What happens to demand when the prospective purchaser is 20% poorer?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540633)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Carmine hall

Not seeing it.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538034)



Reply Favorite

Date: May 19th, 2022 11:15 AM
Author: multi-colored market mood

The median price of an existing home sold in April was $391,200, the highest on record and an increase of 14.8% from a year ago.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538052)



Reply Favorite

Date: May 19th, 2022 11:21 AM
Author: Fragrant yapping brethren

april sales based on 2.5% rates locked in in feb. wait two months.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538085)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: multi-colored market mood

as long as the rates don't go above 7%, smart millennials will be buyers, provided the govt keeps the mortgage interest tax deductions

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538118)



Reply Favorite

Date: May 19th, 2022 12:24 PM
Author: Fragrant yapping brethren

lol @ smart and millennials in the same sentence

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538426)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: khaki knife

2.5% rates were gone by February.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538137)



Reply Favorite

Date: May 19th, 2022 12:25 PM
Author: Fragrant yapping brethren

not true. i locked in at 2.25% on feb 10th. deal fell though, tho, fml.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538427)



Reply Favorite

Date: May 19th, 2022 1:44 PM
Author: Puce brunch



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539017)



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: Vivacious deep library dragon

Good. Can’t wait for dem lower property taxes.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538070)



Reply Favorite

Date: May 19th, 2022 11:23 AM
Author: iridescent mildly autistic dilemma organic girlfriend

Open borders +

foreign cash buyers +

BlackRock and investors buying up SFHs +

NIMBY restrictions on building +

labor shortage in the trades +

proles overextending themselves thinking they may never get on the property ladder =

I don’t think it’s coming back anytime soon

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538095)



Reply Favorite

Date: May 19th, 2022 2:56 PM
Author: angry school cafeteria



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539401)



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: talented very tactful indirect expression lay



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543662)



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: Razzle-dazzle Parlor

I was wondering how people could afford homes when interest rates were under 3%, but now that they are over 5%, a lot of these people can't even qualify to be house poor. Our loan officers are struggling bigly. We are laying off people left and right. Doesn't look good.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538113)



Reply Favorite

Date: May 19th, 2022 11:28 AM
Author: internet-worthy high-end factory reset button sanctuary

I've noticed practically zero weakness in the real estate market in the San Fernando Valley.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538122)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: twisted trip university sound barrier

where?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538138)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: Maroon Insanely Creepy Mad-dog Skullcap

Still selling for over asking in our area but it's taking a bit longer. They were going almost instantly.

I wonder if in a couple months the new starts will slow up making it a good chance to build (for a rental).

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538144)



Reply Favorite

Date: May 19th, 2022 11:35 AM
Author: brass wild bawdyhouse sex offender

https://www.wsj.com/articles/more-subprime-borrowers-are-missing-loan-payments-11652952602

we're in for a crash

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538147)



Reply Favorite

Date: May 19th, 2022 11:41 AM
Author: obsidian vigorous mental disorder



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538186)



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: balding adulterous locale

Who's still handing out subprime mortgages? Lmao

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538211)



Reply Favorite

Date: May 22nd, 2022 9:13 AM
Author: Saffron Aromatic Hunting Ground Elastic Band

Banks who don't get ass fucked by regulators for being racist. Not ame.

#1 cause of the 2008 crisis was the fedgov forcing banks to make shortly loans to minorities.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553101)



Reply Favorite

Date: May 19th, 2022 11:49 AM
Author: passionate crusty ladyboy

This is not about housing.

"Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending environment on record in the U.S. is coming to an end."

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538237)



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: Aphrodisiac Temple Tattoo

exactly. this caused a crash last time because too many subprime borrowers got mortgages. is that still the case?

when the economy dips subprime people (i.e. people with no money that lose their jobs) are going to stop paying loans because they no longer have the money to pay them. shocking.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540761)



Reply Favorite

Date: May 19th, 2022 11:45 AM
Author: Pearly piazza

biggest sign of the peak are all the proles on https://www.reddit.com/r/FirstTimeHomeBuyer/

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538206)



Reply Favorite

Date: May 19th, 2022 12:04 PM
Author: Hilarious Rebellious Dysfunction Antidepressant Drug

why are redditors so poor?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538310)



Reply Favorite

Date: May 19th, 2022 12:09 PM
Author: Ungodly misunderstood police squad

they are SO poor

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538337)



Reply Favorite

Date: May 19th, 2022 1:46 PM
Author: Soul-stirring fluffy lodge



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539031)



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Date: May 19th, 2022 7:15 PM
Author: Aphrodisiac Temple Tattoo



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540762)



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Date: May 19th, 2022 12:10 PM
Author: Contagious godawful ape

Housing will be fine. You misspelled stock market.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538344)



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Date: May 19th, 2022 12:14 PM
Author: Supple Metal Ticket Booth Main People

Oh no, now I won’t be able to live in my SFH for a monthly payment less than urban hellhole rent locked in for 30 years at an interest rate far below inflation with tax benefits. And the mark-to-market losses on Zillow will make me cry!

I wish I could be a gloomy contrarian who owns nothing instead!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44538358)



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Date: May 19th, 2022 1:42 PM
Author: Puce brunch

And job losses + the fed selling their MBS hasn’t even started yet. Lol.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539008)



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Date: May 19th, 2022 2:43 PM
Author: brindle tank

To the extent there are still brisk sales, that is for the last couple fools who are buying right before the collapse. These morons had 2 years to buy. It’s over. You’ve been warned. Great collapse is coming!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539339)



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Date: May 19th, 2022 3:28 PM
Author: passionate crusty ladyboy

He says hopefully. The fact that a huge portion of people predicting a housing crash are people desperate to buy a house is the exact reason there won't be a real crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539573)



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Date: May 19th, 2022 3:30 PM
Author: Provocative milk

Dems helpfully support mainstream adoption of 40 year mortgage to help needy young couples have a shot at the American dream

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539590)



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Date: May 19th, 2022 3:41 PM
Author: passionate crusty ladyboy

Very kind of them.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44539644)



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Date: May 19th, 2022 6:54 PM
Author: Coiffed Cobalt Kitty Cat



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540676)



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Date: May 19th, 2022 6:59 PM
Author: multi-colored market mood

outside of America, home ownership is the exception rather than the rule; in Europe, even well off children with jobs live with their parents; Americans are spoiled brats

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540694)



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Date: May 19th, 2022 7:07 PM
Author: Provocative milk

Kids live at their parents’ house in the US as well.

My point of course was that well intentioned dems still have a move to keep inflating home prices and further encumbering their constituents. It’s like what we do with student loans.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540733)



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Date: May 20th, 2022 9:26 AM
Author: Frum Goyim Chad

They’ll point to japans 100 year mortgage and tell you 40 is nbd

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543341)



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Date: May 22nd, 2022 9:44 AM
Author: twisted trip university sound barrier



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553173)



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Date: May 19th, 2022 7:01 PM
Author: bossy mauve macaca

It's over

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540707)



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Date: May 19th, 2022 7:03 PM
Author: Dashing french chef

which market are you talking about? re is hyper local

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540718)



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Date: May 19th, 2022 7:06 PM
Author: Bat shit crazy shaky marketing idea pocket flask

Yep.

But also hard to avoid larger economic fundamentals.

Higher rates + inflation + crashing dow/S&P means fewer dollars chasing after real estate. Even in expensive markets many people fund purchases with stock market gains.

We shall see!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540731)



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Date: May 19th, 2022 7:09 PM
Author: Provocative milk

Dow reference was solid prole tell.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540737)



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Date: May 19th, 2022 7:10 PM
Author: Bat shit crazy shaky marketing idea pocket flask

Even in my market, with an average sales price of $2.5M, many fund RE by cashing out gains.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540747)



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Date: May 19th, 2022 7:13 PM
Author: Provocative milk

Maybe at high end. Most people buying <$1m houses are not funding with taxable brokerage accounts.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540758)



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Date: May 20th, 2022 12:01 AM
Author: Supple Metal Ticket Booth Main People

Yeah, it's all just regular proles saving their nickels until they have $200k.

Everyone buying an adequate house in a good town (i.e. $600k+) without parental support is funding down payment and closing costs from stock/crypto gains. You could have bought literally any risk asset including imaginary fraud internet money, stock of bad companies in dying industries, and Pokemon cards at any point from 2009-2022 and made gains. Not everyone is a risk-averse retard stuffing their mattress.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44542361)



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Date: May 19th, 2022 7:13 PM
Author: Dashing french chef

larger economic fundamentals are always a relevant input, but they are not dispositive of price on a local market basis. agree with everything you're saying conceptually, but it doesn't help anyone decide whether they should buy in a given city or neighborhood or block rn

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44540754)



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Date: May 19th, 2022 11:55 PM
Author: brindle tank

It’s over!!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44542326)



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Date: May 20th, 2022 9:42 AM
Author: Black weed whacker field

(MAF nohousemo wishful thinking)

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543373)



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Date: May 20th, 2022 10:20 AM
Author: brindle tank

Harsh but fair

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543544)



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Date: May 20th, 2022 9:49 AM
Author: haunting sneaky criminal turdskin

there’s a lot more working against a crash than for it

structural shortage of supply, massive equity in homes such that even people facing foreclosure are not in the red, continuing inflation, etc

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543398)



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Date: May 20th, 2022 10:55 AM
Author: bearded juggernaut

If you own a home today and are moving and make a topping bid offer on a new home, then can move to sell your old house, aren't you asking for a lot of risk given the shaky ground?

You own two homes at the top of the market have have to sell one

If you already sold, then you are sitting pretty and maybe indifferent--that group could be the last gasp buyers out there.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44543692)



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Date: May 21st, 2022 4:33 PM
Author: Puce brunch

I live in an area on the west coast where, just 4 months ago, sellers were getting dozens of offers and houses were consistently selling for $200k over asking.

Now I’m watching several listings around me that have price reductions. In one case, they’ve made two significant price reductions in the last three weeks. And we’re just getting started 😎

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44550542)



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Date: May 22nd, 2022 9:06 AM
Author: Carmine hall

OP just wanted to let you know that my House went up in value again today. 💸

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553096)



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Date: May 22nd, 2022 9:41 AM
Author: brindle tank

The websites are doing that for web traffic. It’s all illusory

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553162)



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Date: May 22nd, 2022 9:45 AM
Author: Carmine hall

👌

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553178)



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Date: May 22nd, 2022 9:54 AM
Author: abusive cerebral business firm

I sure hope so. I want it to burn down hard af.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44553202)



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Date: May 22nd, 2022 1:26 PM
Author: Puce brunch

Lots of posts about buyers backing out on r/RealEstate:

https://www.reddit.com/r/RealEstate/comments/uv0rcc/house_buyer_is_having_buyers_remorse_because_of

https://www.reddit.com/r/RealEstate/comments/uss4bl/buyer_backing_out_8_days_before_closing

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44554006)



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Date: May 22nd, 2022 1:27 PM
Author: Dashing french chef

good post -- seems like it's softening

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44554017)



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Date: July 21st, 2022 1:29 PM
Author: brindle tank



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888643)



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Date: July 21st, 2022 1:30 PM
Author: obsidian vigorous mental disorder

new thoughts?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888649)



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Date: July 21st, 2022 1:31 PM
Author: Fragrant yapping brethren

i'm anecdotally seeing more and more price cuts and more and more shit sit on the market longer

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888656)



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Date: July 21st, 2022 1:32 PM
Author: brindle tank

The feeding frenzy is definitely over. Problem is there is still plenty of buyers (2-3 offers versus 50-60). So homes are still selling. Middle class is done. Feels like there is maybe another 3 months through summer of an ability to sell at list and then a huge crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888667)



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Date: July 21st, 2022 1:37 PM
Author: bearded old irish cottage famous landscape painting

I kind of agree with this for my market. Inventory is definitely increasing. Not sure about offers. My sense is that a lot of sellers are eager to get out of their houses now and buyers are more cautious.

At this point the market isn’t just people looking for a single family home. It’s a lot of players with money that are looking for non-primary residence single family homes who can jump in and out whenever they want.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888698)



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Date: July 21st, 2022 1:31 PM
Author: Bright mind-boggling reading party half-breed

the u.s. housing market will never go down, let alone crash. never. take that to the bank

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888659)



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Date: July 21st, 2022 1:39 PM
Author: Carmine hall

Whoa cr. Explain tho

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#44888722)



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Date: October 25th, 2022 9:41 AM
Author: brindle tank



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#45386128)



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Date: October 25th, 2022 9:45 AM
Author: Unhinged filthy parlour headpube

i'm seeing a ton of price reductions in my once radioactively hot local market. nothing significant, but it's a good sign.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#45386148)



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Date: October 25th, 2022 9:52 AM
Author: Flatulent international law enforcement agency quadroon

17% of listings in Boise, ID have had price reductions in the last week. 15.5% in Austin. Compare that to a more stable housing market (Chicago), where only 9% of homes have seen a reduction in asking price in the last week. The ship is turning, but it will take a while for significant price drops to happen. Come back next year for an update.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#45386172)



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Date: May 4th, 2023 3:06 PM
Author: brindle tank



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46270260)



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Date: May 4th, 2023 3:07 PM
Author: at-the-ready jewess house

Replace "Housing" with "Crypto" and OP was spot on!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46270264)



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Date: June 27th, 2023 11:28 AM
Author: Apoplectic deranged senate dingle berry

Wow totally crashing!

https://www.cnbc.com/amp/2023/06/27/home-prices-rose-for-third-straight-month-in-april-sp-case-shiller.html

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46479253)



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Date: August 3rd, 2023 10:20 PM
Author: Saffron Aromatic Hunting Ground Elastic Band

MODS!

That's ImanageCat's house.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627566)



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Date: June 27th, 2023 11:29 AM
Author: twinkling site

nohousemos are FUCKED

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46479256)



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Date: August 3rd, 2023 10:19 PM
Author: Apoplectic deranged senate dingle berry

OMG, can’t believe how much it has crashed!!!

https://redf.in/IpKgJA

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627561)



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Date: August 3rd, 2023 10:34 PM
Author: Purple marvelous institution trust fund

Is that supposed to mean something?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627602)



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Date: August 3rd, 2023 10:48 PM
Author: obsidian vigorous mental disorder

She posts weird shit like that

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#46627641)



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Date: December 10th, 2025 1:59 PM
Author: Alabama Bangs



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499747)



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Date: December 10th, 2025 2:00 PM
Author: spaceport2525

OP was obviously overly dramatic but is increasingly looking like prices could just go sideways for a pretty long time. At some point the population pyramid becomes inevitable

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499760)



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Date: December 10th, 2025 2:02 PM
Author: Ozzie Canseco

there are no young people who want to drive 45 minutes to and from a city every day to finance a 1mm dollar+ house to work a horseshit job that they barely got in the first place.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499764)



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Date: December 10th, 2025 2:02 PM
Author: ...,....,,........

My asshole neighbor bought their house for 400k in 2008.

They tried listing it for $950k, lol!

It's been on the market for almost a year. They've already had to drop the price twice.

The house is beautiful, but nobody in this fucking subdivision has paid north of $600k for any house over here.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2#49499766)